Domestic rebar spot prices in Turkey have increased slightly today, October 10, due to the depreciation of the Turkish lira against the US dollar. Meanwhile, today, Turkish mill Icdas has increased its 12-32 mm by TRY 17/mt rebar prices standing at TRY 2,415/mt ($410/mt) ex-works, while Izmir Demir Celik has kept its price 12-32 mm rebar prices at TRY 2,415/mt ($410/mt) ex-works both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
09.10.2019 |
09.10.2019 |
||||
Marmara |
8 mm |
2,415 |
410 |
+34 |
+1 |
Marmara |
12 mm |
2,398 |
407 |
+34 |
+1 |
Iskenderun |
8 mm |
2,466 |
419 |
+25 |
0 |
Iskenderun |
10 mm |
2,453 |
417 |
+25 |
0 |
Iskenderun |
12 mm |
2,441 |
414 |
+26 |
-1 |
Izmir |
8 mm |
2,415 |
410 |
+25 |
-1 |
Izmir |
10 mm |
2,407 |
409 |
+26 |
0 |
Izmir |
12 mm |
2,398 |
407 |
+25 |
-1 |
Karabuk |
8 mm |
2,390 |
406 |
+34 |
+1 |
Karabuk |
12 mm |
2,373 |
403 |
+34 |
+1 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.89